Carlsberg A/S (OTCMKTS:CABGY) Short Interest Down 54.5% in February

Carlsberg A/S (OTCMKTS:CABGY) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 15,300 shares, a drop of 54.5% from the February 13th total of 33,600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 266,500 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

A number of research firms have commented on CABGY. Barclays cut shares of Carlsberg A/S from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 14th. BNP Paribas cut Carlsberg A/S from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th.

Carlsberg A/S Stock Performance

Shares of Carlsberg A/S stock opened at $25.85 on Friday. The company has a fifty day moving average of $22.33 and a 200-day moving average of $21.98. Carlsberg A/S has a 52-week low of $18.21 and a 52-week high of $29.59. The company has a quick ratio of 0.46, a current ratio of 0.57 and a debt-to-equity ratio of 0.89.

Carlsberg A/S Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Wednesday, March 19th will be paid a dividend of $0.7593 per share. This is a boost from Carlsberg A/S’s previous dividend of $0.53. The ex-dividend date of this dividend is Wednesday, March 19th.

Carlsberg A/S Company Profile

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.